£873,123
This estimated value is based upon the latest sale price for the house of £700,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Handside House, 131 Handside Lane, Welwyn Garden City, AL8 6TA
Phone: 01438412057
Price Paid | Date |
---|---|
£700,000 | 25 May 2018 |
Detached |
Leasehold |
Floor Area: 94 sq meters or 1,011 sq feet |
This model uses changes in the Official Land Registry House Price Index for HERTFORDSHIRE to estimate the market value.
When this house was purchased in May 2018 the House Price Index for HERTFORDSHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £700,000 results in an estimated price of approximately £873,123.
25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £700,000 | £173,123 | £873,123 |
The Postcode Pricing Model uses changes in average sales price within the AL8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -3.985 % | £-27,891 | £672,108 |
3 Month Average | -37.702 % | £-263,910 | £436,089 |
6 Month Average | -11.545 % | £-80,817 | £619,182 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Sep 2023 | £597,641 | £590,000 | 158 PARKWAY |
18 Jul 2023 | £689,277 | £680,000 | 20 ROOKS HILL |
31 Mar 2023 | £686,467 | £680,000 | 22 ROOKS HILL |
25 Jan 2023 | £681,788 | £685,000 | 3 ROOKS HILL |
6 Jun 2022 | £224 | £221 | 130 PARKWAY |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 13 Nov 2017. Using an estimated price of £873,123 means this house is valued at £9,288 per sq meter (£862 per sq foot).
The average size of a house on PARKWAY is 115 sq meters (1,241 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Awaiting court outcome | On or near Stanborough Close |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Stanborough Close |
Apr 2024 | Anti-social behaviour | On or near Stanborough Close | |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Stanborough Close |
Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Stanborough Close |